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$1,050,000

For Sale

18 days ago

15 Lakeview Pl, Verona

House

MLS® 4017441

5 Bed

3 Bath

--

3 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $16,841
Days Active 18
Lot Size 
Approx. Age 1900
MLS® Number 4017441

Property Address: 15 Lakeview Pl, Verona, NJ, 07044-2043

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey, income-producing 3-unit property delivering top-of-market rents in one of Essex County's most sought-after communities. 15 Lakeview Place has been fully renovated interior (2021), offering an investor a modernized asset with strong current cash flow and minimal near-term capital requirements. All three units are leased through July 31, 2026, generating a combined $6, 559/month ($78, 708 annually). Unit mix consists of two 2-bedroom/1-bath apartments and one 1-bedroom/1-bath with rents already at or near market, this is a true stabilized asset ready to perform from day one. Each unit is separately metered with tenants covering their own utilities, keeping operating costs predictable and landlord exposure low. Assigned driveway parking per unit and in-basement laundry round out a tenant-friendly package that supports strong retention with all leases rolling simultaneously in July 2026. The next owner will step in with a clean, stabilized income stream today and a straightforward path to renewing at market or re-tenanting from a position of strength. Verona continues to command premium rental demand thanks to its top-rated schools, walkable downtown, and direct NYC transit access making 15 Lakeview Place an ideal long-term hold in a high-barrier-to-entry market.
MLS® Number4017441
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementUnfinished
Driveway1 Car Width
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 30, 2026List Date
$1,050,000List Price
  • Commute

Commute

Starting Address
Destination Address
15 Lakeview Pl, Verona,

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